A popular 33-year-old congee restaurant chain has announced the closure of all its locations due to worsening operating and financial conditions, joining a growing wave of shop shutdowns in Hong Kong.
Auntea Jenny shares jump 68.5% in Hong Kong debut as traders return to city’s IPO frenzy
The shares first changed hands at HK$190.60, a jump of 68.5 per cent from the initial public offering (IPO) price of HK$113.12 when trading began at 9.30am.
Bubble tea billionaire ranks swell after latest Hong Kong IPO
Market though is overflowing with rivals and fierce price clashes. Read more at straitstimes.com. Read more at straitstimes.com.
Hong Kong Works on Image Overhaul to Attract Overseas Visitors
Hong Kong’s efforts to overhaul an image dented by years of turbulence and reestablish itself as an Asian events hub are starting to lure more international visitors beyond mainland China, the city’s ...
Asia-Pacific stocks mostly climb as China lays out plans to ease policy
Elsewhere, markets in the region were mostly higher after reports that key U.S. trade officials are set to meet with their Chinese counterparts this week.
As the enduring popularity of bagpipes proves, Hong Kong culture is as diverse as it is distinct
From the beginning, an emergent local Hong Kong culture – quite distinct from anything found elsewhere in southern China – imported, adapted, then embraced an assortment of influences from across the ...
Brisk Hong Kong home buying continues with third sellout at SHKP’s Sierra Sea
Buyer confidence ‘will significantly strengthen’ and first-hand transactions this month are ‘bound to increase’, Centaline CEO says.
HSBC’s subsidiary approved as first captive insurer in Hong Kong
The government imposed a 50% tax concession for local captive insurers. The Hong Kong Insurance Authority (IA) has authorised Wayfoong (Asia) Limited, a wholly-owned subsidiary of the HSBC Group, as ...
Hongkong Land Sells Part of Exchange Square, Starts Buyback
Hongkong Land Holdings Ltd. is selling part of its prized One Exchange Square for HK$6.3 billion ($810 million) and starting a share buyback program, as the company adjusts its strategy to cut back ...
Xpeng Is Said to Consider Flying Car IPO in Hong Kong or US
Xpeng Inc. is considering an initial public offering for its flying car unit, Xpeng Aeroht, according to people familiar with the matter.
Asian stocks end mostly higher: CSI 300 up 0.6%, Hang Seng extends winning streak
Asian stocks advanced on Wednesday as confirmation of the first formal US-China trade talks in over a month lifted investor sentiment.
Ant Group Reportedly Considers Hong Kong IPO for Its International Division
Ant Group, the fintech affiliated with Alibaba Group Holding (NYSE: BABA), is reportedly weighing a significant move to list its international arm.
CATL may offer less than 10% discount for $5 billion Hong Kong listing, sources say
Zhen and Selena Li HONG KONG (Reuters) -Prospective investors in CATL's upcoming $5 billion Hong Kong listing have been told the stock may be sold at a less than 10% discount to the Chinese battery ...
Explainer: How much will increasing Hong Kong’s minimum wage by 5.25% help workers?
We look at how authorities decided on a minimum wage of HK$42.10 per hour and what it means for workers such as cleaners and security guards.